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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- TeaM Sual Corporation - Philippines
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- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Miang Besar Coal Terminal - Indonesia
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- Vedanta Resources Plc - India
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- Ind-Barath Power Infra Limited - India
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- Parliament of New Zealand
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- Asmin Koalindo Tuhup - Indonesia
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
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- CNBM International Corporation - China
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- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
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- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
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- VISA Power Limited - India
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Renaissance Capital - South Africa
- Star Paper Mills Limited - India
- Planning Commission, India
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
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- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
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- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
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- Romanian Commodities Exchange
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- Orica Mining Services - Indonesia
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- White Energy Company Limited
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- Formosa Plastics Group - Taiwan
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Ceylon Electricity Board - Sri Lanka
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- Edison Trading Spa - Italy
- London Commodity Brokers - England
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- Intertek Mineral Services - Indonesia
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- International Coal Ventures Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Minerals Council of Australia
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- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Wood Mackenzie - Singapore
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- Sree Jayajothi Cements Limited - India
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- Merrill Lynch Commodities Europe
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- Riau Bara Harum - Indonesia
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- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Indian Oil Corporation Limited
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- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Deloitte Consulting - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Australian Coal Association
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- Indonesian Coal Mining Association
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- Mintek Dendrill Indonesia
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- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
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